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The TFC Title Loans Scholarship for Financial Innovation (Deadline: August 1, 2017)

Who Can Apply: To qualify for TFC Title Loans Scholarship for Financial Innovation you must be enrolled in an accredited undergraduate university. You must also be working towards a degree in Financial Mathematics, Business, Finance, or Economics.

Submission: In fewer than 1000 words, propose a new financial product that could improve the current issues within the sub-prime lending industry. Describe a business model, whether web-based or not, that could lessen the consequences of sub-prime lending. The essay should include the perspective for both the consumer and the lender. It is encouraged that applicants include possible projections, APRs, and calculations as evidence for their proposal.